Palos Heights Office Space

Palos Heights

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,850
As of: June 24, 2017

Palos Heights Rates

On average, listings lease in the $10's per square foot per year. The Palos Heights submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the Chicagoland market, the Palos Heights submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Palos Heights Listing Supply

In the last 90 days, 4 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Palos Heights are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,850 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1973 and are Class B.

Palos Heights Community

Market Report

Trends and status of the commercial real estate market in Palos Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palos Heights.
Research